More than 400 businesses and investors, including tech and consumer giants and major utilities, say they back the Biden administration in setting an ambitious climate-change goal that would cut U.S. greenhouse gas emissions by at least 50% below 2005 levels by 2030.
That emissions-cutting target would nearly double the U.S.’s previous commitment on emissions reduction and the time horizon would require dramatic changes in the power and transportation sectors and elsewhere throughout the economy, analysts say. A 2030 target is considered a nonbinding Nationally Determined Contribution and is a key milestone as Biden moves the nation toward his ultimate goal of net-zero carbon emissions by 2050.This week’s letter was organized by the “We Mean Business” coalition, a group of companies that support action to accelerate the transition to a carbon-free economy. Green investing advocates Ceres also promoted the effort.
“If you raise the bar on our national ambition, we will raise our own ambition to move the U.S. forward on this journey. While an effective national climate strategy will require all of us, you alone can set the course by swiftly establishing a bold U.S. 2030 target,” the letter said.
So this should be a thing of the past now?
You cannot breathe dollars, dollars will not pollenate plants. Greed is NOT good
Don't you think than that maybe they set the bar a bit low? Really, out of 400? These are probably the 3 largest companies in the world. Out of 400, really? What are you people drinking?